The CEO of the Ecobank Group announced at the 36th Annual General Assembly (AGA) the group's determination to strengthen remittances, among others in Nigeria, in order to boost its overall growth.

The Ecobank Group has adopted strategies to develop business in Nigeria according to its CEO. The group has put in place a strategy that will be very similar to the Group's other growth transformations and return strategies, which consists of developing payment businesses, consumer businesses and SMEs, as there is certainly a need that a single bank cannot satisfy. According to the CEO, some products have been launched and others will be launched and digital services may also be added to the platforms on which the institution operates.

“We also have opportunities in corporate banking, more selectively on the cash management side. We encourage trade and we also want to be able to participate in the remittances sector. Today, in Nigeria, nearly $20 billion in remittances are entering the country. We want to be the partner that brings this money into the country and be in a position to deploy it, either to change lives and livelihoods, or to invest in businesses across the continent,” the CEO also emphasized.